Allstate announces july 2022 catastrophe losses and implemented auto rates

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of july of $223 million or $176 million, after-tax. july catastrophe losses included 12 events, primarily wind and hail, that were geographically widespread, estimated at $233 million, partially offset by favorable reserve reestimates for prior period events. “allstate will continue to implement significant rate actions in the second half of 2022 in response to infl
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